Purdue Research by the Numbers
With one of the most diversified and well-balanced research portfolios in the country, Purdue Research achieved a record high level of external research funding, $613M, during fiscal year 2023, a 14% INCREASE compared to fiscal year 2022.
Record level of funding
In FY23, our external research funding reached a record high level with a more diversified base of funders. For the first time, revenue from external sources exceeded $600M, reaching 613M (up 14% from FY22).
Broad base of external funding
Funding from our largest source of external support, the U.S. federal government, is now two-thirds (70%) of our overall external funding. Meanwhile, industry, our fourth largest research funding source at $70M, recovered to near pre-pandemic levels. Unlike many others research universities – Purdue’s funding is not dependent on a single federal agency. Instead, three federal bodies – National Science Foundation (13%), Health and Human Services (16%), Department of Defense (16%), and Department of Agriculture (10%)– provide nearly equal levels of support.
Bridging academia and industry
Purdue has long collaborated with private sector partners by establishing master research agreements (MRAs) that lead to practical and meaningful research to address key needs. Since 2012, the number of meaningful MRAs with companies has accelerated dramatically. MRSs are still growing, totaling $184M across multiple topics.
Success in Partnerships
Productivity of Master Agreements 2012-23: $184+ million
Honoring Purdue’s Research Faculty
Our world-class research faculty, who drive innovation across many areas to tackle challenges facing the world, were recognized with hundreds of awards, accolades, and elected positions.
Purdue’s Next Moves
Some of the momentum in our research enterprise are due in part to strategic investments made by Purdue through the Purdue Moves and Purdue’s Next Moves initiatives. Through these, we continue to refine our organizational structure to optimally leverage Purdue’s unique strengths, maximize research efficiencies, and develop interdisciplinary solutions that truly matter.
